The Chairman of the Aditya Birla Group, Kumar Mangalam Birla, revealed plans to infuse Rs 50,000 crore into various sectors in Rajasthan, emphasizing the expansion of the company's footprint in the state. This investment strategy is set to unfold over a period of one to two years, addressing the immediate need for cleaner energy solutions in the region. During his address at the Rising Rajasthan Summit, Birla announced a substantial increase in cement production capacity by 10 million tonnes, highlighting the current production capacity of Ultra Tech Cement, a part of the AB Group, which stands at 20 million tonnes in Rajasthan.
minerals, infrastructure, tourism, and renewable energy.
Moreover, Birla expressed confidence in Rajasthan's capacity to contribute significantly towards national goals, as outlined in the Vision for Developed Rajasthan 2047. He concluded by underscoring Rajasthan's commitment to evolving as a thriving center for investments and overall development. The Rising Rajasthan Summit, spanning from December 9 to December 11 in Jaipur, aims to attract global investors by showcasing Rajasthan's potential as a prime hub for trade and industry. Noteworthy figures like Prime Minister Narendra Modi and leading industrialists are participating in the event to exhibit the state's allure for investments and economic growth.